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gallagher in washington, vice president and executive director of msnbc.com. that was general norman swa schwartzkopf you saw on your screen who passed away yesterday. i have a lasting memory of general schwartzkopf who served in the war in vietnam as well as leading gulf storm one. there was a woman from iowa. her name was peg mullen. she wrote a book about the death of her son, michael mullen. the name of the book was "friendly fire." norman schwartzkopf was the battalion commander. he was so approachable to peg mullen, so human in his relations with peg mullen, who sought to find out how her son was killed in vietnam. he died from friendly fire, which, you know obviously meant he was killed within the confines of his own unit by shrapnel from american weapons fired. it was so impressive to read about then a colonel later to become norm an schwartzkopf general "time" magazine's man of the year who was so human. just that clip we just showed right then compared to a lot of military officials who we see on tv. an actual human being would could say i hope i don't make a mistake. things li
of drama in washington. congressional leaders have arrived at white house. they arrived there about an hour ago with three days to go before we go over that proverbial fiscal cliff. they are meeting with the president and the treasury secretary timothy geithner, and they are trying to hash out a deal. but reports that the president has nothing new on the table has ended up spooking wall street in a big way just in the last hour, and as bill said we finished down near the lows of the day, down about 157 points for the dow. settling up right now. down what, about 165 at the very low, bill? >> i think so, yes. >> and the nasdaq finishing down 25 points and the s&p off by 15, a fifth straight day in the red. well, it is the last friday of 2012. it's in the books. check. still no deal in sight and no new offer either on the table from the president as eamon javers told us a little while ago. what now for the markets? we have our guests and our very own rick sell sebak with us. rick, let me get to you, first of all, because you're here on the set. what now for the markets? >> what now for the mar
there in washington as we wait for the white puff of smoke to come out of the white house, eamon. >> reporter: kind of what feels like here, bill. a lot of energy at the white house, a lot of curiosity surrounding this meeting. what you can't see from here and what i can't show you, unfortunately, is just about 50 yards from here is where you saw speaker boehner walking into the building, and we've got a whole cadre of white house still press photographers up on ladders peering over the hedge trying to get a picture of the leaders as they walk in and just to the left of that crowd is another crowd of reporters all gathered around the stakeout cameras. that's where the leaders could come out and talk to microphones if they wanted to say anything after this meeting. there's a lot of anticipation of whether they will say anything after this meeting, and it's widely seen that this would be a good sign for negotiations if they do come out and talk. a lot of previous white house meetings, they have not come out to say anything afterwards, so all those folks waiting over there might be waiting in vain her
distinguished career in congress advocating on behalf of those voices who were often drowned out in washington by the influence of the moneyed interest. over the last 40 years, congressman stark has been one of the foremost advocates on behalf on efforts to ensure that americans were able to access quality, affordable health insurance. i am honored to have been one of the three principaled co- authors in the house of the historic affordable care act which will provide quality insurance for every single american. the key role mr. stark in drafting that law and made sure that the law provided needed relief for working families. this was a crucial accomplishment, yet it was far from mr. stark's only accomplishment in the field of health care. as a former chair and ranking democrat on the ways and means health subcommittee for many years, he was a leader on the health care reform. he was a lead author of the original cobra insurance bill which ensured that workers faced with losing their jobs would not also immediately lose access to the needed health insurance. and those of us who have gone throu
, including mcclatchy service and the "washington post." he has been missing in syria since august. in all there are 15 journalists who have reported to have gone missing in syria while reporting on this conflict. so far of the 15 only eight have been freed. our richard and ghazi and john are three of them. we and they and their families feel very lucky and very happy tonight that that is the case, even as we continue to be concerned about those for whom we cannot yet say that foreign correspondents and crews know exactly how dangerous it can be to report from a war zone. we know in part from their reporting that this particular war zone appears to be descending into just total chaos right now. you can see signs of that in the syrian government's apparent decision to fire scud missiles inside its own territory at its own people. they deny they have done it. nato says they have evidence they have. you can see it in the increasing alarm in the increasing reports that the regime may at least be moving its chemical weapons stocks around the country. you can see it in richard's latest reporting
of the sheriff. >> just broken. >> washington was -- washington barely ran for a second term because he was so tired of being criticized. adams was defeated. jefferson left under a huge cloud. truman is the modern example of every president who gets in trouble wants to be truman because it means history implicates you, right? one of the things that happened was watergate. and it took 30 years, maybe a little bit less, but truman -- remember that one-man show -- >> the merle miller one? >> the plain speaking -- but there was a one-man show that went on just as watergate was breaking. and truman had the great good fortune of having disliked richard nixon early and had a lot of quotations about it. and he suddenly, as faith in the public sector is falling in the early '70s, all the examples you're talking about with truman are looking better and better. a president who, as evan wrote about the wise men, he was the popular embodiment of an american willingness to project power and to stand guard over a really complicated dark world. >> by the way, during the mid'70s, also, even chicago, the band c
just need to feel better. cheryl: do something. come back to washington, first and foremost. dennis: a musical about some guy singing about his real feelings. lori: we are looking at the markets. tracy: i would like to see that, but i have not. lori: i have only seen it on broadway. stalks off to a tough start. early numbers point to a tough season. tracy: a nice and shiny fiscal cliff. president obama cut his vacation short. we are tracking where it is headed next. we are expecting negotiations to continue tomorrow. there is talk now that that may not happen. time to head down to the new york stock exchange with nicole petallides. nicole: merry christmas to everybody. the vix, the fear index, has been to the upside. whether or not washington will solve the worries about the so-called fiscal cliff approaching quickly. here is a look at the dow. 13,100 even. most of the dow components are under pressure. hewlett-packard doing well and bank of america in the financial round. it really is being laid upon by the retailers. i no adam shapiro will add on to that. there is a look at some m
falls in a barrel. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let's start with this. president obama and his republican opponents are about to go over niagra falls in a barrel, but nobody knows for shush how bad it's going to be. will the economy smash on the rocks below? will the stock market plunge a thousand points and keep on dropping? will the world money watchers see the u.s. drowning in its own dysfunction? or will obama and the dead-end opposition it faces be saved by the public's horribly low expectations of what they can do? what will prove stronger for obama and boehner? the barrels they're riding in or the power of niagra falls itself? joining me now is politico's jonathan ryan. how about an answer on that one? what's going to protect these guys more? the low expectations people have about them getting anything done or failing to do what they set out to do. they all set the deadline. they have the -- what do you call it. the stakes are clear, the payroll taxes, income taxes, you name it. they put it all together. and if they blow it, who
said he was come back to washington and jumping on an airplane to review some new proposal from the president that they expected to get. the whole afternoon has been spent by reporters trying -- trying to figure out what was going on. now harry vaed responding to mcconnell so let's right to it. >> he's upset because, quote, the phone never rang. he complains i've not delivered solutions to the fiscal cliff. he's in error. we all know that in july of this year we passed in the senate the relief that would give -- that it would give to middle class americans. that -- that passed the senate. now, we know the republicans have buried themselves in procedural roadblocks in everything we're trying to do out here and now they are saying, well, we can't do the 250 because it wasn't blue slipped, because it will be blue slipped. mr. president, how does the american people retook the that? there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he coul
." live in the nation's capital. this is exciting. and you know, i said, let's do a show from washington, d.c., because they get so much stuff done there. it's like silicon valley. and going there when steve jobs was really bringing apple to the forefront -- >> a happening place. >> it is. it's where things happen. that's why we're here, steve rattner. >> washington is the place. with us on set, economic analyst steve rattner. also political editor and white house correspondent for the huffington post, sam stein. andrea mitchell. and in new york, msnbc contributor, mike barnicle. and the co-anchor of "street signs," brian sullivan. we've got a lot to talk about, mike barnicle, but i saw a headline on the front page of "usa today," a tease that is very intriguing, and that is one of the greatest players in major league baseball trying to get his worth right now. and if i were a major league team, i would pass on josh hamilton in a new york second because the guy phoned it in when his team needed him the most. there's an attitude problem. and yet he could be such a huge payoff. are the red
and politico reporters on the role of lobbyists in those negotiations. "washington journal" is next. host: good morning. both parties are reportedly still talking on the phone. as the deadline approaches, we are two weeks before christmas. eric cantor leaving open the possibility of of a post session. let's look of the numbers. the fiscal cliff deadline 22 days away. we want to begin with a look ahead at the second term agenda. in your mind, what did you think should be the number one priority. we will take your calls and comments. you can also join us on facebook and twitter. from the headlines this morning, including this from the washington post. there is also this story from "the huffington post." aspirations' including closing the educational achievement gap. the lofty goals may have to wait as lawmakers and the president toppled a number of issues that cannot wait. let's go back to the inauguration from generic 20, 2009, a few hundred feet from where we are at as he addressed the nation. he will do so again january next year. this is what he said nearly four years ago. [video
at 9:15, more about the role of social security. ♪ host: good morning. welcome to "washington journal" on this wednesday, december 12, 2012. negotiations continue over the so-called looming fiscal cliff. yesterday president obama and john boehner spoke by phone. washington post reported however that they are still working on a deal and nothing is locked down yet. we will talk more about the fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. find a son facebook and weigh in there. at journal@c- span.org. "the christian science monitor," asked what we would be willing to give up. "americans would be willing to give up the tax deduction for charitable giving over other popular tax breaks." host: let's take a look at the results of this poll. 25% said that they would be willing to give up the charitable giving tax
the cliff. that's where senate majority leader harry reid says we're headed. can washington save us with just five days to go? >>> plus, a proposal to give guns to school principals is gaining support. we're "outfront" with an arizona sheriff who's backing that plan. >>> and the 2012 election was all about viral videos, tonight we're counting down our favorite political video of the year. let's go "outfront." >>> i'm john avalon in for erin burnett. "outfront" tonight, a stark warning from capitol hill. senate majority leader harry reid says we're all headed for fiscal disaster. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left before the first of the year, aren't here. >> we're now told the house will finally return to work on sunday. now, that's december 30th. in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports fro
back to us. >> yeah. thank you. >>> there is some action in washington tonight. at this hour the senate has just passed a $60 billion aid bill for communities slammed by super storm sandy. that vote was 61 for, 33 against. sandy road ashore devastating several areas and the senate rejected a republican amendment to cut the immediate cost to just 23 million clearing the way for final action on the $60 billion bill. the bill now goes to the house where its passage is uncertain because of the non-sandy-related spending items that are in the bill. typical sausage making for washington. >>> let's get to our panel. here now is blake zeff, former obama campaign aide and washington editor. robert, have you heard anything in the last couple of hours that suggests to you that somehow by monday mitch mcconnell and harry reid will sing kumbaya, pass something in the senate that also passes the house? >> i'm not so sure they'll be sing kumbaya, but the real story today is that there's movement on capitol hill. reid and mcconnell come out of that white house meeting and they're ready to haggle over s
bash is live in washington, d.c. this morning. 50 minutes and sort of a very milquetoasty kind of statement at the end of it, sounds not good. >> no, not good, considering where we are in the calendacale. i'm told by sources in both parties, a meeting that did not produce any new ideas, more of touching base meeting, the president wanted to talk to the speaker before he went home to ohio, which he still planned to do this weekend, the sources say that the basic problem still is, soledad, after all of the weeks, is democrats still believe republicans have the problem. they need to deal with the debt crisis by raising more revenue, meaning raising more taxes and republicans still think democrats are the problem. they are not offering enough in spending cuts. the issue is, reality, democrats, the president has the most leverage. has had the most leverage, republicans know that. everybody see where is this will probably go. republicans have to give some on the rate increases for the most wealthy. and the question, when is it most politically advantageous for both sides to agree to
doocy is live in our washington newsroom with more on that. so what is the state department's explanation, peter? >> reporter: jon, last week on december 19th the state department spokeswoman, victoria knew land put out a statement said in plain english their accountability review board that looked to what happened in benghazi on september 11th had flagged the performance of four officials. this is a quote. the secretary has accepted eric bosswell's decision to resign assistant secretary for diplomatic security effective immediately. the other three individuals have been relieved of their current duties. all four individuals have been placed on administrative leave pending further action. but, the "new york post" is now reporting that eric bosswell has not resigned and all four of those stated department employees are still on the state department's payroll. >> just shifted the deck chairs and they want to make the american people believe that the state department has held people accountable for their lack of security and sending help to four brave americans. this is incredi
labor unions. >>> here in washington, republicans turn the tables on president obama. we're going to tell you what specific information they are now demanding. >>> and who was she? you're going to find out why a century's old mystery may be closer to a solution. i'm wolf blitzer. you're in "the situation room." we begin with today's dramatic defeat for union workers in the industrial's heartland. this was the scene as republicans pushed through right to work bills saying that they don't have to pay union dues in in order to get a job. on lookers chanted, shame on you after the vote. this is a watershed moment because michigan is the same as countless union struggles, including this 1932 march where five people died and dozens were injured when unemployed workers were attacked by police and ford motor company security guards. after decades of gains, fewer than 12% of u.s. workers now belong to unions. in michigan, it's fewer than 18%. cnn's poppy harlow is at the state capital in lansing. how did it go? >> reporter: are an historic day in michigan. a state at the heart of organized
but mandy has been celebrating boxing day all day. we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, fo
to go up. but we only run the house. democrats continue to run washington. >> call me a hopeless optimist, but i actually still think we can get it done. >> eamon javers live in washington. eamon, fascinating to look at that tape in retrospect. >> i think a lot of people in washington think the make-or-break deal making sessions have already happened here. and one republican senator i talked to this morning said there are very low expectations now for this meeting at the white house today. and boy, how times have changed, carl. just watching that tape that you just ran. one of the things that i'll be watching for when i'm standing on the white house north lawn this afternoon is whether or not these four congressional leaders come out as they did back in november and talk to the press after the meeting. we've had a lot of meetings at the white house where people have left very quickly, gotten into a suv and driven off the complex without talking to reporters. if they come out to those microphones after this meeting and come out together, i think that will be a hopeful sign that pe
is live in washington. >> good morning, gretchen and everybody. washington is shut down for the christmas holiday . when everybody does come back to town, the ball will be in the democrat's court because speaker boehner was unable to bring his on board. for the plan b. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the president has insisted on a tax hike for the healthy but wants that at $250,000 or $400,000 and not one mill yen and even though the president scaled back his expectations for what can be accomplished some democrats said a grand bargain shouldn't be that hard to reach. >> we ought to take peeker boehner and the president's last offer and split the difference and it would be a package 2.6 trillion can couple that with 1.1 trillion and that would be close to four trillion needed to stabilize the debt and bring it down. >> the president and members was congress will return to washington wednesday or thursday and try to hammer out a deal. most likely a short-term deal to get us pa
report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we do know t
for fiscal sanity here in washington d.c." that's somewhat of the republican idea here. it's a way from having a big deal. it's a way from perhaps going over the cliff entirely. it's, all right, maybe we give them the 250,000 or below, and then we live to fight another day on the debt limit. if that happens, what does that mean for the markets? it brings washington to its knees again, and we try to ask nancy pelosi about that today. she declined to answer questions about the debt limit, but if you see that fight play out in the early part of 2013, what does it mean, the obama administration, the priorities they would like to see, it looks like the debt limit right now is very much this political football same as it was in 2011. >> thank you. i want to quickly bring in the panel because what you are saying brings me to a point that's been kind of bothering me about this whole discussion. republicans keep saying that what the democrats -- what the president sht bringing to the table are enough cuts, but they never seem to want to specify what those are. daniel had a piece in the "wall str
of the year. >> steve: not since mr. smith went to washington has the movie inspired the senate. harry reid rled it out. it is the end of the year. >> brian: it was incredible to watch the president have a 45 minute press conference and john boehner have a 45 second. >> steve: sometimes less is more . >> brian: they are not getting along. >> gretchen: one good message from the lincoln movie other than not getting assassinated. he set out what to do >> brian: he won over leaps and bounds in order to get a deal >> chris: he did. >> gretchen: that's what they are doing now. or trying tompt approaching the fiscal cliff. the democratic senate took the night off to watch the movie. doug is in washington with us. were you invited. >> of course not. you have to figure out the pop corn was free . the movie was free . we know that they love free stuff here in washington. free movie tickets may have been tough for the guys to resist. it is possible that watching the lincoln movie, may have inspired the members of congress. at the very least. we know that a minimum of 150 minutes last night. two and ha
earthquake the market will think something is going to happen in early january this is the way washington works, they walk right up to the edge of the deal, maybe even past the edge of the deal and then something happens. i still think the market believes there will be a deal, but it is a deal that might happen on january 14th. so, i don't think december 31st is a real deadline, in the mark it's mind. >> steve, tell us, what are the things that can happen that will sort of rouse the market here, move the market up or down ire way? >> well, first of all, i think the tendency for the market right now is to go higher because you have zero interest rates and zero interest rates act as a tremendous stock market flotation device. opposing investments are, you know, yielding essentially nothing at this point, so stocks become very attractive. but i still think the big story and the stories that most traders will be watching is the fiscal cliff so that's story number one. an interesting thing happened yesterday and that's the price of oil traded to an all-time high going back to october, not an a
>>> quick reminder, go to the brooke blog at cnn.com/brooke. let's send to you washington next to my colleague, wolf blitzer. "the situation room" begins right now. hey, wolf. >> hey, brooke. thanks very much. happening now, a dangerous breakthrough by an unpredictable regime. north korea says it has orbited a satellite raising fears it could some day aim rockets at the united states. >>> also, a new escalation in syria's civil war. nato has detected the firing of unguided scud-type missiles. >>> and we're also learning new details of the latest phone call between president obama and house speaker john boehner did not go well. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's long-range rocket launch that's managed to put a satellite in earth's orbit. here's why it is important to all of us. even though north korea is one of the poorest countries and many people are starving there, the korean peninsula is the most tense, most dangerous places on earth. there are roughly one million north korean troops on it is side of the militarize zone separating fro
to washington as often, and i would say, even more often than the alaska members in the house and senate. he made -- they made a point to stop by his office on a regular occasion to talk to him about what has happened in the past, what's going on today, and what they look for in the future. earlier this year, senator inouye was in alaska at my invitation, his last trip to alaska. he told them a memorable story about his support of the trans alaska oil pipeline, which was controversial when he supported it in its construction. now, senator inouye has a unique style of how to tell stories, and you got to just pay attention and listen. they're no very to the point. senator inouye told this story told by opponents of the pipe lynn that it would -- of the pipeline that it would destroy the caribou. this was what he would told over and over again. again in his last trip, he was in front of a group of people, and i was anxious as he started to tawfnlg he said, i have this story tell you. he talked about this time of controversy about the alaska north slope and the oil pipeline and the caribou and w
to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should want to go over there and visit with him. or perhaps if he wants to visit with anybody else. the consensus seems to be if you get some sort of a deal, it's obviously not going to be the big deal. it will simply be something that extends the tax cuts for the vast majority of americans, at least those earning less than $250,000 a year. the consensus seems to be, carl, that if we don't get a deal by the second or third or fourth week, the super bowl week, we'll start to feel it in the economy. >> we had a notable sell-off. there is typically a bias on christmas eve, but the worst christmas eve performance for the dow since 2006 because of the jitters about the fiscal cliff. it will be an interesting few days as c
vacation short and heading back to washington before we fall off of the fiscal cliff . can a deal be reached. >> a deadly winter storm unleashing snow and tornados . now thousands ever cleaning up and holiday travelers are stuck. i am tracking where the storm ised hading next. >> thank you, rick. take the gift card and hit the stores this morning. wait until "fox and friends" is over and then leave. "fox and friends" begins right now. "fox and friends". >> gretchen: good morning, i am gretchen carlson we are joined by clayton morris . rick as well . these are great guys, but clayton, because he is a tech guru of folks news and here to help all of us today. >> tech support this morning f. you have tech-related questions. send them and i will attempt to answer them all. i answered all of them. my wife said what are you doing on twitter? i said i am helping me. >> gretchen: we have big storms brewing and rick, you are aptly sitting to the right of me and you will help people get out of town. >> 30 tornados and a big one in mobile, alabama and more tornados and a blizzard. i will try
. >> reporter: on nbc and in a "washington post" op-ed, susan said a partisan battle was the last thing that the country needs. late thursday, president obama reconfirmed his confidence in her. >> she's done an outstanding job. i could not be prouder with her. she will continue to be one of the top members of my national security team. >> reporter: rice had become the designated obama administration target for republicans seeking answers and/or political advantage, relating to the terrorist attacks on september 11th, 2012, on the diplomatic compound in benghazi, libya. >> in fact, what this began as was a spontaneous, not a premeditated response. >> reporter: five days after those attacks, rice went on the sunday shows, repeating talking points from the intelligence community, that critics said downplayed the terrorist attack in the weeks leading up to the election. >> i didn't mislead. i didn't misrepresent. i did the best with the information the united states government had at the time. >> reporter: democrats point out that republicans didn't have as hard a time with a different nati
a wonderful monday. i'm brook baldwin at the cnn headquarters in atlanta. let's go to washington with wolf blitzer. "the situation room" begins right now. >>> brook, thanks very much. happening now, the president of the united states steps into a very intense political fight in michigan and he's definitely taking sides. we're also looking into what's behind the dramatically lower prices showing up at gas stations near you. and life-saving television. we have an amazing look at an underground tv channel run by rebel fighters in one of the most dangerous cities in the world. i'm wolf blitzer. you're in "the situation room." >>> we begin with president obama getting into a new fight with republicans and it's a fight he may actually lose. this afternoon in detroit, the president blasted a package of anti-union bills. michigan republicans, governor, is ush pushing through his state's legislature. >> what we shouldn't do, i just got to say this, what we shouldn't be doing is trying to take away your rights to bargain for better wages and working conditions. >> even though the cheering went on fo
in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish the names and addresses of thousands of private citizens who have legal gun permits. can the mainstream media still claim not to hate all gun owners after a stunt like this? "the kudlow report" starts right now. let's get the latest on the snag on the fiscal cliff talks and surprise news we are going to reach the debt ceiling in days instead of just a few months. john harwood has the details. what's going on? >> not a whole lot of actions going on. although there have been some developments. let me bring our viewers up to date on those. first of all, treasury secretary geithner this afternoon announced the united states would hit the s
. maybe sequestration is going to happen so for that let's go to washington. >> juliet: all right. tick-tock, tick-tock, time is almost up for lawmakers as we say to avert the fiscal cliff. they worked throughout the weekend in hopes of hammering out some sort of deal. >> dave: peter doocy is live in washington and we hustle you over to the capitol. and what is the latest, do you think we'll get something done? >> reporter: dave, we were told late in the evening that legislative staff was going to work through the night, but the only principal we heard from was mitch mcconnell who said he and his democratic counterparts have been trading paper all day saturday, but the only big news, mcconnell cared to share with us, in the state he represents, kentucky, louisville beat the university of kentucky by three and meanwhile, the officially republican weekly address features another republican senator explaining once again why a deal before monday night's deadline is so important. >> at a time when our federal debt's topped 16 trillion dollars, it's been more than three years since the senate
to represent the nation's second largest state in the u.s. senate. kay came to washington ready to work. she established herself early on as a leader on transportation and nasa and as a fighter for lower taxes and smaller, smarter government. kay won a claim as an advocate for science and competitiveness, helped secure bipartisan support for the landmark america competes act, and she became known throughout the state for the close attention she paid to constituents. shortly after her election to the senate, kay began a tradition imitated by many others since of holding weekly constituent meetings over coffee whenever the senate's in session. the groups usually ranged in size from 100-150, and at any given coffee, you might come across families in bermuda shorts, bankers in pinstripes or college football players. over the years, kay has hosted about 50,000 people in her office through these coffees, but her attention to constituent service goes well beyond that. back home, she is one of the few politicians in texas who has actually visited all 254 counties, some of which are home to more catt
on to headquarters here in washington and they actually foreshadowed the very way the four americans would die in coordinated assault by islamists, martha. martha: so disturbing. catherine, thank you very much. >> reporter: you're welcome. bill: one of the senators at the heart of all this is republican john barrasso. he is live a few moments from now to tell us three key questions he says the obama administration has to answer now more than three months after the attack. the senator coming up in a matter of moments. martha: in connecticut this morning it is another somber day of remembrance. there will be six wakes and five funerals that are scheduled for today for some of the 26 children and adults who were killed last friday at sandy hook elementary. look at these images. all the little angels set up around that town. today 6-year-old catherine hubbard, teacher anne-mariery murphy. teacher lauren russo. 6-year-old benjamin wheeler, 6-year-old allison wyatt will be laid to rest today. more on services ahead. others are scheduled for friday and saturday as this woeful week goes on. bill: it c
. and the more fair we are here in washington, you make more, you pay more. you make less you pay less. and i'm one of those that likes two deductions. one for charitable giving and the other for the mortgage interest dedux. we can negotiate over numbers. that's not a problem. we can compromise, we can reach an agreement, a compromise over numbers. but let's don't compromise on principle that is so basic, simply says, if you make more you pay more. it's an easy concept. you make more you pay more. you make less you pay less. that's fair. and for heaven's sake, let's do this and let's take that obamacare burden off the working poor in america that are going to get socked with that tax. and we were told for so long, if we don't do something, there will be 30 million, maybe 20 million, 30 million people in america who won't have insurance. and then we get to the bottom of it, we find out, well, now we're going to have lots of people pay lots more taxes and we're still -- oh, and we're gutting medicare in obamacare, we're gutting it $716 billion, so the seniors will have less health care. oh, i k
economy has is right here in washington and our inability to get together across party lines to bring our country back into fiscal balance and to show the country and the world that we have a political system here that is capable of fixing our problems. bob -- earlier this year, bob carr, foreign minister of australia -- one of our greatest allies in the world -- said -- and i quote -- that "the united states is one budget deal away from restoring its global preeminence." the u.s. is one budget deal away from restoring its global preeminence, perhaps because some -- i'm so proud of this country, i'd say we're one budget deal away from restoring our global dominance for a considerable number of years. unfortunately, after i hope and pray we adopt the result of the negotiations going on now and avoid the fiscal cliff, we'll still be one grand bargain, budget deal away from restoring our -- our global preeminence. that work has to be done. but at least we will have avoided the cliff. mr. president, by a twist of fate, the occupant of the chair is my colleague and friend, the senator from con
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